46 Oakland Avenue, The Entrance NSW 2261

R3 zoning on a 1,365sqm block | walking distance to water | four-bedroom brick veneer | flood risk detected This property’s primary buying case rests on its R3 medium-density zoning combined with a substantial land holding in a coastal pocket where waterfront proximity is scarce. The solid brick veneer construction, separate living zones, and dedicated home office make it immediately livable for an owner-occupier, while the zoning offers a rare option for future redevelopment without requiring an immediate build. The master suite with walk-in robe and ensuite, plus the covered pergola and fully fenced yard, support strong rental demand from families or professionals, with a weekly rental estimate above $1,100. It serves best a buyer who can hold for medium-term appreciation and is comfortable with a property that has both residential and development potential. The detected flood risk is the material cost here, likely suppressing current market price and limiting some financing options, which a buyer should verify through council flood mapping and insurance quotes before proceeding. The low valuation accuracy and 19-year gap since last sale mean comparable evidence is thin, requiring independent due diligence on true market value. The 35% renter split on the street and zero auction clearance rate suggest a softer demand dynamic locally, but the R3 zoning and walking-distance-to-water location provide commercial logic for a patient buyer. Hold this property for five to ten years, either as a renovated family home or a staged redevelopment play, and let the zoning uplift and coastal scarcity work in your favour.